South Korea Economy & South Korea Markets Data analytics
MacroVar monitors real-time economic, financial and geopolitical developments for the South Korea economy and South Korea markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.
South Korea Overview
South Korea Overview presents the current trends and dynamics of the major South Korea financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.
| Price | 1D% | M | T | B | Details | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KOSPI | 2654.39 | -0.64 | 0.05 | 2.43 |  |
|||||||||
|
||||||||||||||
| South Korea 2-year bond yield | 2.69 | -0.3 | 0.01 | -22.53 | |
|||||||||
|
||||||||||||||
| South Korea 10-Year Bond Yield | 2.88 | 0.1 | 0.03 | -17.48 | |
|||||||||
|
||||||||||||||
| Korean Won US Dollar (KRW/USD) | 1437.51 | -0.24 | 0 | 7.65 | |
|||||||||
|
||||||||||||||
| Manufacturing PMI | 49 | -3 | -3 | -2 | |
|||||||||
|
||||||||||||||
| Price | 1D% | M | T | B | Details | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KOSPI | 2654.39 | -0.64 | 0.05 | 2.43 | |
|||||||||
|
||||||||||||||
| South Korea ETF | 58.28 | 1.46 | 0.05 | -8.64 | |
|||||||||
|
||||||||||||||
| South Korea 2-year bond yield | 2.69 | -0.3 | 0.01 | -22.53 | |
|||||||||
|
||||||||||||||
| South Korea 10-Year Bond Yield | 2.88 | 0.1 | 0.03 | -17.48 | |
|||||||||
|
||||||||||||||
| South Korea Yield Curve | 0.18 | 12.58 | 0.47 | 4375 | |
|||||||||
|
||||||||||||||
| Korean Won US Dollar (KRW/USD) | 1437.51 | -0.24 | 0 | 7.65 | |
|||||||||
|
||||||||||||||
| South Korea Credit Default Swaps | 40.5 | 2.53 | 0.1 | 45.95 | |
|||||||||
|
||||||||||||||
| Price | 1D% | M | T | B | Details | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Manufacturing PMI | 49 | -3 | -3 | -2 | |
|||||||||
|
||||||||||||||
| GDP Growth (annual) | 1.2 | -20 | -20 | -71 | |
|||||||||
|
||||||||||||||
| Inflation CPI | 2.2 | 16 | 16 | -21 | |
|||||||||
|
||||||||||||||
| Unemployment rate | 2.9 | -22 | -22 | -9 | |
|||||||||
|
||||||||||||||
| Price | 1D% | M | T | B | Details | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KOSPI | 2654.39 | -0.64 | 0.05 | 2.43 | |
|||||||||
|
||||||||||||||
| South Korea 2-year bond yield | 2.69 | -0.3 | 0.01 | -22.53 | |
|||||||||
|
||||||||||||||
| South Korea 10-Year Bond Yield | 2.88 | 0.1 | 0.03 | -17.48 | |
|||||||||
|
||||||||||||||
| Korean Won US Dollar (KRW/USD) | 1437.51 | -0.24 | 0 | 7.65 | |
|||||||||
|
||||||||||||||
| South Korea Credit Default Swaps | 40.5 | 2.53 | 0.1 | 45.95 | |
|||||||||
|
||||||||||||||
South Korea Market News
| Time | Headlines | |
|---|---|---|
| 2024-11-18 04:54 | China's Xi tells South Korea's Yoon: The two countries should strengthen communication, push for the healthy development of the China-Korea strategic partnership. | |
| 2024-08-10 08:00 | As Fears About the US Recession Fade & Stocks Continue To Rise - Asia Market Wrap | |
| 2024-07-02 05:40 | S. Korean CPI YoY Actual 2.4% (Forecast 2.6%, Previous 2.70%) | |
| 2024-07-02 05:40 | S. Korean CPI MoM Actual -0.2% (Forecast 0.1%, Previous 0.10%) | |
| 2024-07-02 05:40 | S. Korean Trade Balance Prelim Actual 8.00B (Forecast 5.7B, Previous 4.86B) | |
| 2024-07-02 05:40 | S. Korean Manufacturing PMI Actual 52.0 (Forecast -, Previous 51.6) | |
| 2024-07-02 05:40 | S. Korean Imports Prelim Actual -7.5% (Forecast -4.7%, Previous -2.0%) | |
| 2024-07-02 05:40 | S. Korean Exports Prelim Actual 5.1% (Forecast 4.4%, Previous 11.5%) | |
| 2024-04-16 08:11 | Asian Currencies and Stocks Drop in Massive Selloff | |
| 2024-04-16 08:11 | S. Korean Import Price YoY Actual -0.7% (Forecast -, Previous -0.2%) | |
South Korea Economic Overview
South Korea economic overview presents a snapshot of South Korea current economic conditions. You can find details for the South Korea economy subsections by exploring the sections below.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| Manufacturing PMI | kr.manpmi | 50.3 | 49 | 3 | -2 | UP | Down |
South Korea Manufacturing
MacroVar tracks hundreds of indicators related to South Korea manufacturing. Our focus is on the most important leading indicators based on the ISM report and related indicators. The ISM report is the most important report reflecting the real demand of goods in the South Korea economy.
| 1Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| Manufacturing PMI | kr.manpmi | 50.3 | 49 | 3 | -2 | UP | Down |
| industrial production | kr.indproduction | 5.3 | 0.1 | 5200 | -16 | UP | Down |
South Korea consumer sentiment
Consumer spending makes up 67% of the U.S. Economy. MacroVar monitors direct consumer reports like the University of Michigan Consumer Sentiment Index and indirect macroeconomic indicators related to South Korea employment and South Korea consumer activity (building permits).
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| consumer confidence | kr.consconfidence | 95.2 | 91.2s | 4 | -7 | Down | Down |
| unemployment rate | kr.unemploymentrate | 2.9 | 3.7s | -22 | -9 | UP | Down |
| retail sales | kr.retailsalesan | 0.0 | -2.5s | -100 | -100 | UP | UP |
| retail sales MoM | kr.retailsales | -0.6 | 0.4s | -250 | -167 | Down | Down |
| car registrations | kr.carregistrations | 124681.0 | 130688s | -5 | -2 | UP | Down |
South Korea Construction
The South Korea construction sector is a significant component of the South Korea economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|
South Korea Macroeconomic outlook
South Korea Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the South Korea economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore South Korea macroeconomic model in detail.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| gdp | kr.gdp | 1712.79 | 1665.25 | 3 | 37 | UP | UP |
| Real GDP | kr.realgdp | 572855.1 | 572216 | 0 | 19 | UP | UP |
| gdp growth annual | kr.gdpgrowthan | 1.2 | 1.5 | -20 | -71 | Down | Down |
| gdp growth | kr.gdpgrowth | 0.1 | -0.2 | -150 | -67 | Down | Down |
| inflation cpi | kr.inflationcpi | 2.0 | 2.2 | -9 | -35 | Down | Down |
| interest rate | kr.interestrate | 3.0 | 3.25 | -8 | -14 | Down | Down |
| unemployment rate | kr.unemploymentrate | 2.9 | 3.7 | -22 | -9 | UP | Down |
| external debt | kr.externaldebt | 702682.9 | 658284 | 7 | 15 | UP | UP |
| government debt to gdp | kr.govdebtgdp | 51.5 | 49.8 | 3 | 63 | UP | UP |
| current account | kr.currentaccount | 12370.0 | 10050 | 23 | 67 | UP | UP |
| current account to gdp | kr.currentaccountgdp | 1.3 | 1.8 | -28 | -19 | Down | Down |
| exports | kr.exports | 49120.0 | 61380 | -20 | -10 | Down | Down |
| imports | kr.imports | 51000.0 | 54890 | -7 | -6 | Down | Down |
| foreign exchange reserves | kr.fxreserves | 411000.0 | 415600 | -1 | -1 | Down | Down |
| gold reserves | kr.goldres | 104.45 | 104.45 | 0 | 0 | Down | Down |
| government revenues | kr.govrev | 510991.0 | 470323 | 9 | 2 | UP | UP |
| fiscal expenditure | kr.fiscalexp | 539172.0 | 500788 | 8 | 4 | UP | UP |
South Korea Inflation
MacroVar monitors major inflation indexes and subcompoonents based on Bureau of Labour Statistics monthly report.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend |
|---|---|---|---|---|---|---|
| inflation cpi | kr.inflationcpi | 2.0 | 2.2 | -9 | -35 |  |
| core inflation rate | kr.coreinflationrate | 2.02 | 1.85 | 9 | -24 |  |
| Produce Prices YoY | kr.producerpricesch | 1.7 | 1.7 | 0 | 31 |  |
South Korea Employment
MacroVar monitors leading indicators (ISM/NMI employment activity), coincident (Initial & Continuing jobless claims) and lagging indicators of South Korea employment. South Korea employment is one of the major factors affecting South Korea monetary policy.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| unemployment rate | kr.unemploymentrate | 2.9 | 3.7 | -22 | -9 | UP | Down |
South Korea Monetary Policy
South Korea Monetary policy is monitored by tracking the most important indicators related to the Fed's balance sheet and interest rates.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| interest rate | kr.interestrate | 3.0 | 3.25 | -8 | -14 | Down | Down |
| central bank balance sheet | kr.cb.assets | 550166.5 | 539459 | 2 | 6 | UP | UP |
| money supply m1 | kr.msm1 | 1288442.9 | 1257450 | 2 | 5 | UP | UP |
| money supply m2 | kr.msm2 | 4157036.9 | 4136950 | 0 | 7 | UP | UP |
| government debt to gdp | kr.govdebtgdp | 51.5 | 49.8 | 3 | 63 | UP | UP |
| loans to private sector | kr.loanprivate | 1395902.8 | 1393180 | 0 | 6 | UP | UP |
| South Korea Credit Rating (S&P) | RATING.S&P.KR | ||||||
| South Korea Credit Rating (Moody's) | RATING.MOODYS.KR | ||||||
| South Korea Credit Rating (Fitch) | RATING.FITCH.KR |
South Korea Fiscal Policy
South Korea Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| government revenues | kr.govrev | 510991.0 | 470323 | 9 | 2 | UP | UP |
| fiscal expenditure | kr.fiscalexp | 539172.0 | 500788 | 8 | 4 | UP | UP |
| government budget | kr.govbudget | -2.6 | -4.4 | -41 | 136 | Down | Down |
| Government budget | kr.govbudgetvalue | -28180.0 | -30464 | -7 | 45 | UP | Down |
| government debt to gdp | kr.govdebtgdp | 51.5 | 49.8 | 3 | 63 | UP | UP |
South Korea Trade
South Korea trade activity is monitored by tracking Trade and Capital flows.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| current account | kr.currentaccount | 12370.0 | 10050 | 23 | 67 | UP | UP |
| current account to gdp | kr.currentaccountgdp | 1.3 | 1.8 | -28 | -19 | Down | Down |
| balance of trade | kr.balanceoftrade | -1890.0 | 6490 | -129 | -575 | Down | Down |
| imports | kr.imports | 51000.0 | 54890 | -7 | -6 | Down | Down |
| exports | kr.exports | 49120.0 | 61380 | -20 | -10 | Down | Down |
| capital flows | kr.capitalflows | 9396.6 | 10798.9 | -13 | 65 | UP | UP |
| foreign direct investment | kr.fdi | 9385627.0 | 9847080 | -5 | -17 | UP | Down |
| external debt | kr.externaldebt | 702682.9 | 658284 | 7 | 15 | UP | UP |
| foreign exchange reserves | kr.fxreserves | 411000.0 | 415600 | -1 | -1 | Down | Down |
| gold reserves | kr.goldres | 104.45 | 104.45 | 0 | 0 | Down | Down |